13FPulse
VC

VCEL VERICEL CORP

2026Q2 · CUSIP 92346J108 · Sector: Healthcare & Biotech

Piling in

Net holder growth ranks near the top of the market

Funds that own it
314
Institutions that reported holding it to the SEC
Net increase in holders
+40
Last quarter 274 → now 314
How unusual is that
Top 10%
Stronger buying than 93% of US stocks
What the filings say, in one paragraph

314 funds held VCEL at the end of 2026Q2, up 40 from the quarter before. That is stronger buying than 92.8% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $306M(YoY +22.9%), the P/E is 85.2x, return on equity is 6.6%. VCEL has had 10 buying rushes in its history, and the price moved +6.3% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Healthcare & Biotech sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2015Q1: holders=34 2015Q2: holders=37 2015Q3: holders=35 2015Q4: holders=40 2016Q1: holders=49 2016Q2: holders=53 2016Q3: holders=45 2016Q4: holders=47 2017Q1: holders=42 2017Q2: holders=40 2017Q3: holders=40 2017Q4: holders=50 2018Q1: holders=84 2018Q2: holders=126 2018Q3: holders=130 2018Q4: holders=150 2019Q1: holders=164 2019Q2: holders=138 2019Q3: holders=137 2019Q4: holders=147 2020Q1: holders=132 2020Q2: holders=133 2020Q3: holders=136 2020Q4: holders=167 2021Q1: holders=201 2021Q2: holders=204 2021Q3: holders=198 2021Q4: holders=182 2022Q1: holders=195 2022Q2: holders=179 2022Q3: holders=178 2022Q4: holders=179 2023Q1: holders=200 2023Q2: holders=200 2023Q3: holders=211 2023Q4: holders=224 2024Q1: holders=254 2024Q2: holders=259 2024Q3: holders=264 2024Q4: holders=275 2025Q1: holders=272 2025Q2: holders=270 2025Q3: holders=247 2025Q4: holders=272 2026Q1: holders=274 2026Q2: holders=314 -42 -21 +0 +21 +42 30180330 15Q116Q217Q318Q420Q121Q222Q323Q425Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 10 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 10%
2024Q1 Top 10% -3.5% -2.1%
2023Q3 Top 20% -4.4% +39.1%
2023Q1 Top 10% +10.3% -2.0%
2022Q1 Top 20% +2.9% +15.0%
2021Q1 Top 10% +4.3% -4.3%
2018Q4 Top 20% -11.9% -16.1%
2018Q2 Top 5% +21.3% +40.9%
2018Q1 Top 5% -30.8% -20.4%
2016Q1 Top 20%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
163
Change in large funds
+20
Total value they hold
$2.5B
Funds buying for the first time
68
Funds that sold out entirely
28
Price change that quarter
+17.3%
Funds holding puts (bearish)
1
Funds holding calls (bullish)
3

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
85.2
EPS (TTM)
$0.48
EPS YoY
+242.9%
Revenue (TTM)
$0.3B
Revenue YoY
+22.9%
Net margin
7.9%
ROE
6.6%
Debt ratio
26.4%
FCF (TTM)
$62M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2022-09-30: EPS -0.14 2022-12-31: EPS 0.13 2023-03-31: EPS -0.16 2023-06-30: EPS -0.11 2023-09-30: EPS -0.08 2023-12-31: EPS 0.28 2024-03-31: EPS -0.08 2024-06-30: EPS -0.10 2024-09-30: EPS -0.02 2024-12-31: EPS 0.40 2025-03-31: EPS -0.23 2025-06-30: EPS -0.01 2025-09-30: EPS 0.10 2025-12-31: EPS 0.46 2026-03-31: EPS -0.12 2026-06-30: EPS 0.04 0M 46M 93M $M -0.25 0.13 0.51 201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 286 69 2573 5077 202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-19M41K19M 2017201820192020202120222023202420252026
Latest quarter $15M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.